Eligibility
For Personal Loan and Pay Day Loan:
- Singaporean, Permanent Residents, S-Pass holder and Work permit holder
- Minimum age: 21
- Original NRIC
- Currently employed
- All income range welcome
- Employment payslip
- CPF contribution statement
- Income tax statement
- Utilities bill or hand phone bill that indicate the place of residence
- Not applicable to undischarged bankruptcy or pending bankruptcy
- Singaporeans with Singpass can print required documents at our office. Your Singpass will not be revealed.
For Foreigner Loan:
- Vaild Work Pass (S-Pass or employment pass)
- Vaild Passport
- Original NRIC
- Employment payslip
- Employment Letter or Appointment Letter
- Bank statement showing salary credited
- Utilities bill or hand phone bill that indicate the place of residence
- Tenancy Agreement (Rented Unit)
For Business Loan:
- Singapore incorporated firm / corporation
- Latest ACRA
- NRIC/Passport/work pass of shareholder/director/partners
- Company stamp/seal
- Tenancy agreement for place of business
- Proof of income (eg: NOA or financial statement)
- Profit and loss statement
- Corporate bank statement
- Title deeds or proof of assets for secured loan
The maximum amount you can borrow from all licensed moneylenders combined for unsecured loans is:
| Borrower’s Annual Income | Singapore Citizens and Permanent Residents | Foreigners residing in Singapore |
|---|---|---|
| Less than $10,000 | $3,000 | $500 |
| At least $10,000 and less than $20,000 | $3,000 | $3,000 |
| At least $20,000 | 6 times monthly income | 6 times monthly income |
